Members of the Southern African Fraud Prevention Service (SAFPS)members recorded that identity crime and application fraud amounted to R720 170 608.00 in 2009.
This figure is lower than the R1,3-billion reported in 2008, possibly because of both the economic crisis during 2009, with the major financial institutions tightening up on credit granting with the National Credit Act also playing a part.
This is according to Pat Cunningham, executive director of the SAFPS, who adds that more than 11 700 people were filed on their systems during 2009 for attempted fraud, which shows a slight increase of 782 filings over the 2008 figure.
This brings the total number of people filed with SAFPS for fraudulent application and identity crime to more than 67 000.
The SAFPS data also shows that the use of false documentation through the presentation of such things as false payslips, false bank statements and drivers licences was the highest number of filings amounting to 7 880 reports.
The number of people who applied for the SAFPS protection service because they had been impersonated amounted to 1 382.